DLavrov

USDJPY and Short Trade

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Prices reached MA100 and bounced. RSI and MACD confirm price reversal and we have a signal for opening short trades. Entry level is below 102.75 with stop above 104.20. Take-profit orders should be near the support level.
This short trade will be opened in the same direction as the main trend. If price breaks the local swing high, we'll have a signal for long trades. Don't forget about money management rules.

The trading idea is based on Whale Trading Strategy. If you want to learn more about this strategy, please send me a message. I will provide you more information.

💰COPY MY TRADES FOR FREE! Join 👉 bit.ly/41DKDBD

📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit

💎 Share My BEST Trades here 👉 bit.ly/wubits
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.